Search Legislation

Advanced Search

Enterprise and Regulatory Reform Act 2013

Summary and Background

251.The main provisions of this Chapter provide for:

  • giving the CMA the power to carry out an investigation into practices across more than one market;

  • giving the Secretary of State the power to request the CMA to investigate public interest issues alongside competition issues as part of market investigations;

  • introducing and, in some cases, reducing statutory time limits and harmonising information gathering powers for all stages of the markets process;

  • removing the OFT’s current duty to consult on decisions not to make a market investigation reference, except where there has been a request for a reference to be made during a market study; and

  • ensuring that the CMA may use interim measures to reverse as well as to prevent pre-emptive action during a market investigation.

Back to top

Options/Help

Print Options

Close

Explanatory Notes

Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Impact Assessments

Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:

  • Why the government is proposing to intervene;
  • The main options the government is considering, and which one is preferred;
  • How and to what extent new policies may impact on them; and,
  • The estimated costs and benefits of proposed measures.